The Associated Press reports that the Kings will receive the draft rights to center Alex Oriakhi and a $7 million trade exception. Oriakhi was a second-round draft pick of the Suns in 2013 out of Missouri.

Thomas would be the third starting-caliber point guard in Phoenix, to go with Eric Bledsoe and Goran Dragic. One of the people who confirmed the deal to the AP said the Suns see Thomas as a "perfect third guard" to play with Phoenix's double point guard starting lineup of Dragic and Bledsoe. He is not envisioned as a replacement for either of them.